Keeping SMEs green: Three ways to save on your energy bills
Tom O'Neill, Chief Financial Officer at Energylinx for Business, discusses the rising energy prices in SMEs and how small changes can make a big difference.
Rising energy prices now top the bill of issues that concern UK SMEs, according to a recent survey. 46 per cent of over 2,000 SMEs list energy bills as their main financial worry. SME results are now reported not only in terms of profit, but also how that business affects the planet and the people on it.
Despite an increase in environmental awareness, research shows that businesses in the UK are overpaying a massive £1.6bn per annum on their energy bills.
SME and owner managed businesses have yet to seize the full opportunity to cut energy bills through energy efficiency measures. On average, 20 per cent of the total energy bill in commercial offices comes from office equipment - about half of this use stems from PCs and monitors.
Here are three areas where you can make energy-saving changes:
- Always ensure that radiators and not blocked with furniture.
- Avoid heating unused spaces such as corridors and storerooms. If to be heated then the temperature should be set at a lower level than occupied areas.
- Make sure that any changes in building occupation hours are reflected in programmed heating schedules.
- Switch off lights when there is no one in the room. Provide signs above the light switches to remind staff.
- Use daylight where possible. It's free and more pleasant than artificial light.
- Install efficient lighting. This can save you up to £2m.
- Don't leave your computers running. Switching computers off at night and at the weekend can reduce energy consumption by 75 per cent.
- Keep in mind that screensavers do not actually save energy. They only save the screen image from burning when the image down not change for a long period.
- A photocopier left on overnight uses enough energy to make over 5,000 A4 copies. So no surprise here…turn it off!
ICAS members have an exclusive opportunity to obtain the most price competitive energy quote in the market for their business, or clients, via a unique online price comparison and switching engine provided by Energylinx for Business. The scheme also supports the ICAS Foundation.
To find out more about Energylinx for Business please visit the website.